The Peruvian Ministry of Energy and Mines has accepted the Ficha Técnica Ambiental (environmental application) (“FTA”) for the exploration of the Santas Gloria Silver Property in Peru (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the “Company” or “Mantaro”).
Before acquiring a permit to drill Santas Gloria, the FTA is one of the last stages. Mantaro can now apply for final drilling permits (water use and beginning of activities). Mantaro anticipates being able to drill Santas Gloria in August 2022, assuming the necessary licenses are granted.
Mantaro owns 100% of the high-grade Santas Gloria Silver Property, which consists of seven mining concessions totaling 3,272 hectares. At Santas Gloria, there are about 12 strike kilometers of untested veins. Sulphide material sampled in ancient adits yielded values of up to 10,000 g/t Ag, 56.3 g/t Au, 10.3 percent Pb, and 9.07 percent Zn (see news release dated June 2, 2021).
Qualified Person
The technical material in this news release has been reviewed and approved by Dr. Christopher Wilson, Ph. D., FAusIMM (CP), FSEG, a Qualified Person under National Instrument 43-101.
About Mantaro Precious Metals Corp.
Mantaro Precious Metals Corp. is a British Columbia company that holds a diversified portfolio of gold and silver focused mineral properties in Bolivia and Peru. The Company’s holds an option to acquire up to an 80% interest in the advanced Golden Hill Property (“Golden Hill“), located in the underexplored, orogenic Bolivia Shield, Bolivia.
The Company also has a 100% interest in the high-grade Santas Gloria and San Jose Silver Properties in Peru.
